Alpha Educational Foundation-Ddl Inc

Analysis

Alpha Educational Foundation-Ddl Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Alpha Educational Foundation-Ddl Inc reported income of $74k and spending of $177k, spending 238% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $65k to $74k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 203% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alpha Educational Foundation-Ddl Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Brian Grabowski Scholarship - a Life Well Lived Inc ($74k), Alpha Chi Sigma Educational Foundation ($74k) and Monteverdi Music School Inc ($74k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.4m against liabilities of $329, net assets of $3.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.